29588 Housing Market Report April 2025•Horry County, South Carolina

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Housing Prices in 29588, SC

How much do homes in 29588, SC cost?

Housing Market Conditions

Is 29588, SC a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

29588 is a Buyer's Market

Difference Since April 2024

At the same time last year, 29588 was a Seller's Market.

Insight

29588 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$320,000$191/SqFt
+$5,682
+1.8%

Based on all homes sold in the last 12 months

Insight

Homes in 29588 have sold for 1.8% more than they did a year ago.

Summary: The median home sold price in 29588 was $320,000 in April 2025, up 1.8% from last year, and the median price per square foot was $191.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
29575
+8.3%
29579
+3.1%
29588
+1.8%
29527
0.0%
29577
-6.6%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2024Apr 2025Change YoY
1$133.9K$120K
-10.4%
2$239.9K$212K
-11.6%
3$309.9K$312.3K
+0.8%
4$369.9K$396.2K
+7.1%
5$390K$549K
+40.8%

Summary: 29588 housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -10.4%. The home price for 2 bedroom homes decreased by -11.6%. The home price for 3 bedroom homes increased by +0.8%. The home price for 4 bedroom homes increased by +7.1%. The home price for 5 bedroom homes increased by +40.8%.

How does 29588, SC compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

29588, SC

Housing supply in 29588, SC

How many homes are available in 29588, SC?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
493Last MonthApr 2025
4872 months agoMar 2025
+1.2 %
Change MoMMar – Apr

Summary: The 29588 real estate market had 493 homes for sale in Apr 2025, a 1.2 % increase compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
69Last MonthApr 2025
832 months agoMar 2025
-16.9 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
11721
+23.5%
26161
0.0%
3249253
+1.6%
4116114
-1.7%
54444
0.0%

Summary: 29588 housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +23.5%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +1.6%. The inventory for 4 bedroom homes decreased by -1.7%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 29588, SC cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price3 Homes

At Asking Price16 Homes

Under Asking Price50 Homes

Insight

If you're buying a home in 29588, you may be able to get a good deal. 72.5% of homes here sold below asking price last month.

Summary: A total of 69 homes were sold or pending in 29588 in April 2025, down by 16.9% month-over-month. Of the 69 sold homes, 72% were sold under asking, 23% were sold at asking, and and 4% were sold over asking.

Days on Market for 29588, SC

How long does it take to sell a home in 29588, SC?

Breakdown of Home Sale Times

Under 30 Days9 Homes

30 – 90 Days32 Homes

Over 90 Days28 Homes

Insight

Avg time on Rocket Homes in 29588 has remained consistent over time.

Summary: During April 2025, 69 homes were sold in 29588; 13% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
92 DaysThis YearApr 2025
98 Days1 year agoApr 2024
-6.4 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in 29588 had an average listing age of 92 days in Apr 2025, down by 6.4% compared to the previous year.

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Newest Listings in 29588, SC

What homes are available in 29588, SC?

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MLS Disclaimers and Copyright

Based on information from Coastal Carolinas MLS, and Hive MLS for the period 05/01/2023 - 05/01/2025

IDX Provided courtesy of © Copyright 2025 Coastal Carolinas Multiple Listing Service, Inc.®. Information Deemed Reliable but Not Guaranteed. © Copyright 2025 Coastal Carolinas Multiple Listing Service, Inc.® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes name of the listing brokers. Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/20/2025, 10:20:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Copyright 2025 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/20/2025, 10:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.